Kenvue names Heather Howlett interim CFO; role tied to Kimberly-Clark merger closing

Kenvue Inc.

CFO Amit Banati stepping down effective May 12, 2026; Heather Howlett appointed interim CFO & CAO same date.
Howlett receives $125k/month stipend during interim period, plus unchanged base salary of $544k, target bonus $299k, equity $420k.
Interim CFO term runs until closing of previously announced merger with Kimberly-Clark Corporation (date Nov 2, 2025).
Howlett joined Kenvue as Chief Accounting Officer in May 2023 after roles at Trane Technologies and PricewaterhouseCoopers.
Stipend will not affect severance plan qualification or bonus determination; Howlett remains at-will employee.

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